Tag

Sandp Corelogic Case Shiller Indices

All articles tagged with #sandp corelogic case shiller indices

real-estate1 year ago

Mixed Signals: Fluctuating Home Prices Across US Cities

According to the latest S&P CoreLogic Case-Shiller Indices report, home prices in some major metro areas decreased slightly in November, ending a streak of monthly gains, but rose annually. Detroit, MI saw the highest year-over-year gain in home prices, while San Diego, CA followed with an 8% increase. Despite some cities experiencing slight declines in home prices, overall prices are likely to continue rising as the market picks up, with demand for homes expected to increase in 2024.

real-estate2 years ago

"Chicago's Home Price Growth Surges, Outpacing National Average"

Chicago has surpassed other major U.S. metros in home price growth, with single-family home values rising 4.6% in May compared to the previous year, according to the S&P CoreLogic Case-Shiller Indices. This marks a significant improvement for Chicago, which was previously ranked near the bottom of the list for year-over-year growth. While nationwide home prices dipped by 0.5% in May, Chicago's steady growth reflects its relative affordability and emerging strength in the housing market. Other cities experiencing notable growth include Cleveland and Detroit. However, despite the recent improvement, Chicago's price growth still lags behind the levels seen during the housing boom.

real-estate2 years ago

Chicago Ranks Second in Home Price Growth According to Case-Shiller Data

Chicago's home price growth was the second fastest among 20 major U.S. cities in April, rising by 4.1% from a year earlier, according to S&P CoreLogic Case-Shiller Indices. This is a dramatic change from consistently being at or near the bottom of the 20 big metros for a five-year stretch that ended with the advent of the COVID-era housing boom. Nationwide, home prices dipped by 0.2% in April, the first negative figure since at least January 2017.

real-estate2 years ago

S&P Case-Shiller predicts end of home price declines.

Home prices in the US rose 0.7% YoY in March, indicating that the decline in home prices that began in June 2022 may have come to an end, according to the S&P CoreLogic Case-Shiller Indices. However, the 10-city composite dropped 0.8% YoY, and the 20-city composite fell 1.1%. After seasonal adjustment, prices increased nationally 0.4% in March compared with February. The Southeast remains the country's strongest region, while the West remains the weakest.